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Two Wheeler Exports |
| India has not only emerged as a manufacturing hub of two-wheelers in the country it has also emerged as one of the top two wheeler exporters in the world. Some companies like the TVS motor company have put an extra thrust on exports. The company exports its products to some 38 countries in the world. The company has seen a 48% increase in exports from 120 crores in 2004/2005 to 177 crores in 2005/2006. The company is keen to focus on exports as an area of growth.Not to be left behind Bajaj Auto which is also one
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of the largest two-wheeler manufacturers in the country exported nearly 8% of the total sale of its two-wheelers. The company is a market leader in two-wheelers in Bangladesh and Srilanka and in places like the Guatemala and Columbia it is one of the leading brands of two wheelers.
hero honda which claims to be the largest two wheeler producer in the world has exported more than 92,000 bikes during 2005/2006 thus registering a growth of over 45% from the previous fiscal.
The company has exported bikes to Bangladesh, Sri Lanka, Bhutan and Nepal. Models like Glamour, Super splendor and CD Deluxe have become quite a rage in these countries.
In fact the CD Dawn is the most popular brand of motorcycle in Columbia. The company also wants to add a scooter in it's' export portfolio to further strengthen its position in the foreign market.
The export trend according to the Society of Indian automobile Manufacturers Association (SIAM) is presented in a table below.
motorcycles
| 2001-02 |
2002-03 |
2003-04 |
2004-05 |
2005-06 |
| 28332 |
32566 |
53687 |
60699 |
83873 |
Scooters have also picked up in volumes lately thanks to the increasing popularity of ungeared scooterettes; however the metal bodied scooters are soon becoming a thing of the past.
| 2001-02 |
2002-03 |
2003-04 |
2004-05 |
2005-06 |
| 18971 |
23391 |
24078 |
28585 |
43181 |
mopeds have seen a stagnant growth over the past few years as entry level motorcycles have entered the fray thus weaning away customers from this segment.
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